Monday 4 August 2014

Technical Outlook Of Nifty Fut(AUG):2-5 days








For NF, 7604-7560 zone is strong support now; it need to close above 7695-7725 zone for further upwards momentum to 7840 zone. On the downside, consecutive closing below 7560 zone may invite 7445 area for this week.

Trading Levels: Nifty Fut





Gap Up/Dw (Indicative)


SGX NIFTY 7660 38



        NF-JULY LTP 7622
             
             
  SL >/< 5 POINTS FROM SLR        
             
  Intraday Swing  Trader        
      T1 T2 T3 SLR
Strong > 7645   7665-7695 7722-7776* 7812-7840 <7625
             
Weak < 7625   7604-7587 7560-7530* 7490-7445 >7645







FOR  Conservative Positional Trader









      T1 T2 T3 SLR
Strong > 7645   7695 7776* 7840 <7625
             
Weak < 7625   7587 7530* 7445 >7645

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